A public-private partnership (P3) can be a dynamic tool to help infrastructure owners achieve a range of objectives on projects, such as incorporating lifecycle project costs into decision-making, benefiting from innovation in design and construction techniques, or sharing certain performance risks.
The TRB Airport Cooperative Research Program's ACRP Research Report 227: Evaluating and Implementing Airport Privatization and Public-Private Partnerships expands upon research presented in ACRP Report 66: Considering and Evaluating Airport Privatization.
Supplemental materials to the report include a Comparative Deal Matrix database, a website for the P3 Readiness Assessment, and a presentation that communicates research findings to key technical and non-technical industry stakeholders.
National Academies of Sciences, Engineering, and Medicine. 2021. Evaluating and Implementing Airport Privatization and Public-Private Partnerships. Washington, DC: The National Academies Press. https://doi.org/10.17226/26179.
|Terminology and Organization of the Guidebook||1-5|
|Part I - The Context for Airport P3s||11-12|
|Chapter 1 - Understanding the State of Practice||13-15|
|Chapter 2 - Legal and Regulatory Context for Airport P3 Transactions||16-24|
|Chapter 3 - Case Studies||25-30|
|Part II - Implementing an Airport P3||31-32|
|Chapter 4 - Project Planning||33-41|
|Chapter 5 - Selecting a Project Delivery Method||42-49|
|Chapter 6 - Structuring the Procurement Process||50-66|
|Chapter 7 - Procurement Advertisement to Shortlist||67-77|
|Chapter 8 - Procurement Preferred Proponent to Financial Close||78-82|
|Chapter 9 - Contract Management and Oversight||83-88|
|Chapter 10 - P3 Principles for Airport Projects||89-90|
|Appendix A - Annotated Bibliography||91-101|
|Appendix B - Transactions in Comparative Deal Matrix||102-104|
|Appendix C - Case Studies||105-135|
|Appendix D - Project Vignettes||136-143|
|Appendix E - P3 Readiness Assessment||144-164|
|Appendix F - Project Development Checklists||165-167|
|List of Abbreviations||180-184|
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